One Nation MP Barnaby Joyce has launched a blistering attack on Labor's property tax changes, accusing the government of breaking pre-election promises.
In a heated clash with Social Services Minister Tanya Plibersek on Sunrise on Monday, Joyce accused Labor of abandoning promises not to change negative gearing or capital gains tax.
Under the proposed reforms, negative gearing would be restricted to newly built homes from 2027-28, while the 50 per cent capital gains tax discount would be replaced with inflation-adjusted indexation.
"Before the last election, you lied, you lied. And when people have lied, no one believes you anymore," he said.
Labor has remained firm that they are bringing about change, highlighting tax cuts and wage increases but Joyce hit back at that, accusing them of bringing in "tax increases".
"You've gone to the entrepreneurial class of young people coming forward in Australia, got a bat and bang straight across the chops because they are trying to get ahead," he said.
Plibersek defended the government's position, noting wage increases of around $12,000 since Labor came into government and pointing to initiatives, including increased Urgent Care Clinics that are taking pressure off hospitals.
"We get it. People are feeling under pressure. They're feeling it in their budgets. We know that, but we are the only party that wants to change that," Plibersek said.
Plibersek criticised One Nation's policy position, claiming the party backed lower wages and blocked tax cuts. "Pauline Hanson said people are paid too much, and they should be easier to sack. Right now they're blocking tax cuts," she said.
"One Nation are about making life harder for people. Their only other policies are to make it harder to get an abortion but easier to get a gun. There's nothing in the One Nation policy bank that would actually make anything easier for ordinary Australians."
One Nation MP Barnaby Joyce defended his party's policy agenda, citing plans to scrap net zero targets, abolish the Climate Change Department, and introduce income splitting for families.
The heated clash comes as One Nation leader Pauline Hanson overtakes Prime Minister Anthony Albanese as Australia's preferred Prime Minister. According to the latest Resolve Political Monitor Poll, which surveyed almost 2,000 Australians, a third of respondents backed Hanson for the top job.
